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Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Comment by frankmanon Jan 18, 2018 12:02am
92 Views
Post# 27383016

RE:RE:RE:RE:Share price has dropped first 9 days = smell lower financing

RE:RE:RE:RE:Share price has dropped first 9 days = smell lower financingYes kkkrrr I get it. Watched the San Fran dog for years. Remember when they mined the highest grades available (high graded) coincidently before a previous financing the ore and ignored the sludge? That was supposed to at that time solve all their financing issues for Ana Paula and the quarters production was pumped like crazy until the better ore depleted.
 
Rinse, repeat. Same news. Lenders still in the driver’s seat. Still needs that $90 million dollar financing.
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